Bitesize Business Breakfast Podcast

Dubai Eye 103.8

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Daily highlights and exclusive interviews from Dubai's most informative news and business radio show. With a round-up of the day’s most important business stories, providing local content and context on the international issues that matter.Presented by Richard Dean & Brandy Scott.

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805 episodes

How could more Emirati brokers impact Dubai real estate?

01 Apr 2024. We get reaction to those rising petrol prices – and some clues on where they’re heading – with economist Dan Richards of Emirates NBD. And, DLD is set to boost Emirati real estate brokers but how will more Emirati brokers impact Dubai real estate? Zhann Johincke of Cavendish Maxwell joins us live to tell us more. We also look at what a 10-year business licence could mean for commercial real estate with Andrew Elliot of Chestertons. And, as hotels get booked quickly ahead of the upcoming Eid holidays, we speak to Enrique Mandl, General Manager, FIVE LUXE, FIVE Hotels & Resorts and find out about their latest opening on JBR. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

33m
Apr 01, 2024
Schools operator Taaleem reports 53% jump in profit.

29 Mar 2024. Education provider Taleem has reported record profits for the first half of the year, up 53 per cent - and a new high when it comes to student enrollment, up 32 per cent. Taaleem boss Alan Williamson tells us about what's behind those record numbers. We also get reaction to Sam Bankman-Fried’s 25-year jail term from lawyer Shahram Safai of Afridi & consulting expert Ruth Bradley.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

31m
Mar 29, 2024
What's the global impact of the Baltimore bridge collapse?

28 Mar 2024. We have the latest on the new ADNOC oil field which has started production at the offshore Belbazem oil field, which will pump up to 45,000 barrels per day. We also speak to Capt. Zarir S. Irani, Managing Director, Constellation Marine Services about the fears that have been raised around potential disruption to global supply chains following the Baltimore bridge collapse. Plus, Dubai is contemplating the possibility of an initial public offering (IPO) for construction firm ALEC Engineering & Contracting, amidst a surge in its real estate sector as property prices in the emirate hit near-record levels, reported Bloomberg. Ziad Awad, Founder and CEO, Awad Capital explains what could happen. And, 1.2 Million people visited Louvre Abu Dhabi last year. Manuel Rabaté, Director, Louvre Abu Dhabi explains how many of the visitors were UAE residents, and how many were tourists. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

36m
Mar 28, 2024
Which sectors could see salaries increase this year?

27 Mar 2024. We have the latest on the closure of Baltimore Port after a bridge collapse poses the latest challenge to global shipping and logistics. We also look at Mercer's outlook for wages with their regional careers principal Vlad Vrzhovski as they say UAE salaries should rise 4 per cent this year on average, outpacing inflation. Plus, we speak to the company partnering with the RTA to create co-working spaces in Metro stations. And, as Sri Lanka unexpectedly cuts interest rates, we cross live to Columbo to speak to research analyst Arshad Ismail. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

33m
Mar 27, 2024
The CEO of Boeing steps down: but why now and what is completely his decision?

26 Mar 2024. We discuss the latest on Boeing CEO Dave Calhoun stepping down by the end of this year in a management shake-up, after concerns about safety issues at the plane maker as well as reaction to Trump’s civil fraud case being reduced to $175 Million. We talk nuclear energy, as the UAE turns on its fourth and final reactor with nuclear safety chief Sara Al Saadi. Plus, we speak to Dr. Luc Verburgh, Chief Academic Officer, HCT (Higher Colleges of Technology) about their new pathways, diplomas and vocational training aligned to labor market demands. And, does good weather this Ramadan mean less demand for tents? We speak to temporary structure maker - Arena Group. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

31m
Mar 26, 2024
UAE President visits Egypt following $35 billion investment.

25 Mar 2024. The week ahead looks like the calm after the storm following last week’s tempest of central bank decisions, but what will investors be looking at this week? We get the latest from Jeanne Walters of Emirates NBD. We also look at the trade implications of the big Presidential meeting between the UAE and Egypt with Standard Chartered's MENA economist. Plus, we analyze the latest economic twists in the US election campaign, with Professor Adam Ramey of New York University Abu Dhabi. And, we'll find out why cyberattacks in the UAE surge during Ramadan. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

30m
Mar 25, 2024
Parkin shares jump 35% on listing

We speak to markets lawyer Andrew Tarbuck of Al Tamimi & Co about Parkin's first day as a listed company and asked who might be next in the IPO pipeline. Plus, we get reaction on two big tech stories: the US suing Apple for being a “monopoly”, while Redditt jumps 50% on debut with tech journalist, Kevin Sebastian. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

33m
Mar 22, 2024
The US Fed and UAE Central Bank keep rates on hold

We speak to Emirates NBD chief economist Khatija Haque about what the Fed might do next. Plus, what that decision to keep rates high could mean for the UAE mortgage market with Espace Real Estate boss John Lyons. And, how to protect your crypto wallet from hackers? We speak to one UAE security firm that’s just got a license in Abu Dhabi.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

27m
Mar 21, 2024
How much will it cost for Eid Travel this year?

We look at how Eid travel bookings are going with Mamoun Hmedan, Chief Business Officer of Wego. Plus,  the giant CERAWeek energy gathering in Texas – we get the inside story from veteran Middle East oil expert Andy Critchlow, of S&P Global Platts. And, S&P warning for the likes of Etisalat are facing market saturation, we speak to S&P technology analyst Tatjana Lescova. And, Emirates airline is looking to increase its cabin crew by around 25%. We find out just how that works with the Vice President of Cabin Crew Samantha James. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

38m
Mar 20, 2024
Interest Rate watch!

Japan has raised interest rates for the first time in 17 years - but only to 0.1%, while Australia kept rates on hold at 4.35%. We get reactions to breaking interest rate stories with Josh Gilbert, Market Analyst, eToro. Plus, is UAE property companies looking to develop outside the country in places like Europe and the USA? We asked Taimur Khan, Head of Research – MENA at CBRE. And we get the thoughts of energy expert Sean Evers about the outrageous comments from Aramco CEO. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

28m
Mar 19, 2024
UAE imports of American goods jump 19%

We get the details on that booming trade between the UAE and America, with the ex-head of the US economics team at the embassy in Dubai. Plus, it's super central bank week! Emirates NBD economist Khatija Haque joins us live. And plenty of woes for Boeing: is the plane maker to big to fail? We asked Keith Tonkin, Managing Director, Aviation Projects Pty. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

28m
Mar 18, 2024
Parkin sets new record for IPO oversubscription.

15 Mar 2024. We’ve had earnings from two Dubai private companies – DP World and Majid Al Futtaim. Dan Richards, senior economist, Emirates NBD gives us analysis from a macro perspective and he gives us his key takeaways from the IEA oil demand/supply report. Plus, we cross live to Texas talking all things America – from TikTok and Trump to oil and interest rates - with economist Jason Schenker. As Parkin sets a new record for IPO oversubscription, we look at what we can take from the IPO process with Dean Kemble, Chief Commercial Officer of GSB Capital. And, we speak to crypto watcher Arnaud Cart about the latest Bitcoin surge.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

37m
Mar 15, 2024
What does Ramadan mean for food delivery?

14 Mar 2024. We get reaction from Dan Richards, senior economist at Emirates NBD, on DIFC's new law covering digital assets and reaction to ratings agency Moody’s raising its outlook on UAE banks to ‘positive’. Plus, what does Ramadan mean for food delivery? We speak to Careem's vice president of food who explains that demand peaks in the final week - with Lebanese food and sweets seeing the biggest spike. The chief legal officer of DIFC, Jacques Visser, breaks down that new groundbreaking digital assets law. And, Google has confirmed it is restricting the types of election-related questions users can ask its AI chatbot, Gemini - NYU Abu Dhabi professor Nancy Gleason tells us more. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

31m
Mar 14, 2024
Is Ramadan the right time to buy a car?

13 Mar 2024. Emirates NBD give us the latest on what US inflation means for next week's Fed decision. Plus, as global olive oil prices rise, we speak to Spinney's general manager, Tom Harvey to find out if customers will feel the impact. The boss of StarzPlay, Maaz Sheikh, joins us live in studio: can Ramadan TV-watching fight off social media and video games? And, car dealers typically sell 50%+ more cars than their yearly average during Ramadan. So, is Ramadan the right time to buy a car? Glenn Harwood, Co-Founder, AlgoDriven tells us more.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

32m
Mar 13, 2024
Dubai property sets new February record.

12 Mar 2024. Abu Dhabi has signed off on 66 billion dirhams worth of infrastructure projects, including parks, cycle tracks and housing developments - but is this a significant new investment and how does it fit with Abu Dhabi’s Vision 2030 economic strategy? We also look at increasing volumes and prices in the Dubai property market with Property Monitor's Zhann Johincke. Plus, as Bitcoin hits new record highs of above $72,000 - Ronit Ghose, Global Head, Future of Finance, Citi explains whether the world needs crypto. And, we'll find out if record gold prices are deterring buyers with the team from Siroya jewellers. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

29m
Mar 12, 2024
Bayut CEO says the portal has taken down 30% of property listings.

11 Mar 2024. We get reaction to the Saudi economy shrinking by just under 1 per cent as well as Saudi Aramco posting lower profit but upping dividend. We look at what the UAE's first banking ombudsman means for customers with lawyer Alfred Thornton of Clyde and Co and what the UAE's first banking ombudsman means for the financial sector with the director general of the UAE Banks Federation. Plus, the CEO of Bayut, Haider Ali Khan, tells us how the portal has taken down 30% of property listings since a crackdown by RERA last month. And, finally we'll hear about UAE CEOs predicting bumper revenue and bonuses, with the team from Cooper Fitch. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

38m
Mar 11, 2024
Dubai levies 20% tax on foreign banks outside DIFC.

08 Mar 2024. Dubai has updated the law when it comes to the 20% tax on foreign banks operating in the emirate outside the DIFC. However, tax accountant Thomas Vanhee explains banks will NOT end up paying more tax, as federal bank tax will be deducted from it. We also speak to Agthia CEO Alan Smith about why they're seeing a 12% growth in revenue. Plus, we get reaction to the ECB's decision to keep rates at record highs with economist Dr Stefan Gerlach. And, on International Women’s Day, fund manager Heather Henyon tells us why all-female start-ups receive just 0.5% of regional Venture-Capital.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

30m
Mar 08, 2024
UAE seeing a rise in wealth managers.

07 Mar 2024. As the UAE sees a big jump in wealth managers we speak to Insight Discovery boss Nigel Silitoe about that growth in wealth management firms. Plus, our interview with Etihad Airways, CEO Antonoaldo Neves, on profit and a possible IPO. We'll also speak to Dubai Future District Fund CEO, Sherif El Badawi, about the fund's 2024 priorities. And we hear from Espace Real Estate as new rules say real estate brokers must update listings within 3 days.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

38m
Mar 07, 2024
Residential rents in Dubai could be set to rise: could it affect you?

06 Mar 2024. We get reaction to the boom in gold and Bitcoin with Vijay Valecha, Chief Investment Officer at Century Financial: is it the beginning of a bull run, or is the bubble about to burst? BetterHomes CEO, Richard Waind, explains how residential rents in Dubai could be set to rise, following changes to the RERA rental index - but what could this mean for you? Plus, Aviation analyst Vinamra Longani joins us live in the studio to discuss the latest aviation stories including speculation about an Etihad IPO and the rebirth of Air India. And as China sets an 'ambitious' 5% growth target we speak to Tianchen Xu, Senior Economist at The Economist Intelligence Unit in China to get his take on China's vision to double its economy in the next 15 years. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

43m
Mar 06, 2024
What does the UAE's latest PMI data mean for us?

05 Mar 2024. As China’s National People's Congress in Beijing gets underway, we get analysis from Ed Bell, Senior Director, Market Economics, Emirates NBD on their 5% growth target and how that will impact the UAE. We'll also look at the Parkin shares which go on sale today. Plus, it's PMI day today - the latest PMI data for the UAE is out: the economist who wrote the report, Ralf Wiegert, gives us his analysis. And, we'll be going through Saudi's latest PMI data with economist Dr Christopher Payne - and looking at how the private sector in the Kingdom is faring. Finally, the CEO of Salik has said they aim to “expand our footprint” and “widen revenue generating opportunities” - we'll go through the Salik numbers with market watcher Sameer Lakhani. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

36m
Mar 05, 2024
Emarat sells naming rights to 31 of its service stations.

04 Mar 2024. We speak to OPEC watcher Amena Bakr about OPEC reportedly extending oil cuts into the second half of the year. Emarat is to sell naming rights to 31 of its service stations in Dubai and the Northern Emirates-  Ali Al Falasi of Emarat explains how much naming rights will cost and who will be taking the first station. We also speak to the CEO of Dubai Taxi Company about their 50-plus per cent rise in net profit. And, we have an extensive interview with Tarek El Sakka, the CEO of Dubai Refreshment, the company that bottles Pepsi here. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

40m
Mar 04, 2024
Commuters to pay just over 5 per cent more at the pump this month

01 Mar 2024. We get the thoughts of energy expert Matt Stanley on why petrol prices have risen as well as what could it mean for UAE inflation with economist Khatija Haque. Plus, we unpick the economics of Indian weddings – as the billionaire Ambani family prepare for this weekend’s $100 million nuptials. And, we'll find out how rising cocoa prices are affecting the company behind Ferrero Roche. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

33m
Mar 01, 2024
UAE expects economy to grow 5% this year.

29 Feb 2024. We look at those UAE GDP projections with Emirates NBD economist Khatija Haque. Plus, with just weeks until the Indian election, HSBC’s chief economist for India, Pranjul Bhandari joins us live. And, we find out how Expo City Dubai's infrastructure a perfect place for mega events and festivals with Anna Abulhoul, Executive Creative Director - Entertainment & Experiences, Expo City Dubai. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

29m
Feb 29, 2024
Companies who fail to register for corporate tax will face new fines.

28 Feb 2024. We find out about the UAE's new corporate tax fines and deadlines with taxation expert Thomas Vanhee, Founding Partner, Aurifer. Plus, our exclusive interview with CEO of Dubai’s latest hot IPO stock: Mohamed Al Ali. And, were joined in our Al Wasl Dome studio by the man who helped build it, Ahmed Al Khatib, Chief Development and Delivery Officer at Expo City Dubai. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

28m
Feb 28, 2024
Parkin to offer just under 25% of the company in an IPO

27 Feb 2024. We get the reaction of Sameer Lakhani, Managing Director at Global Capital Partners. Plus, we get the story behind the successfully sold over AED500 million ($136.15 million) worth of land with CEO of Union Properties Amer Khansaheb. And, more of learning about 'Live, Work and Play' - the three pillars that make Expo City Dubai the Human-Centric City of the Future with Manal AlBayat, Chief Engagement and Commercial Officer, Expo City Dubai. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

34m
Feb 27, 2024
Learning about 'Live, Work and Play' - the three pillars that make Expo City Dubai

The culture that is being created, both in terms of work and play with Expo City Dubai's chief education, culture and human resources officer Marjan Faradooni. Plus,  we look at why price growth is slowing in the Dubai property market with Zhann Johincke. And we get reactions to the UAE “grey list” removal from lawyer Kamal Jabbar, and economist Khatija Haque. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

32m
Feb 26, 2024
flydubai reports record profit as passengers jump 31%.

23 Feb 2024. We'll hear from Jeanne Walters, senior economist, Emirates NBD about Dubai's current boom – what does the data tell us about the Dubai economy today, and the future? As flyDubai reports record profit with passengers jumping 31% - we'll speak to their CEO, Ghaith Al Ghaith, who joins us live to crunch their record numbers. Plus, we'll speak to FedEx's MEISA president about their new AED1.3 billion regional hub at the Dubai World Central Airport. And, as the Japan stock market finally scales the peaks since the 1980s, we speak to a Tokyo stockbroker who lived through it: Professor Dame Heather Mcgregor of Herriot-Watt University in Dubai. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

29m
Feb 23, 2024
Is Dubai's property market keeping up with last year's success?

22 Feb 2024. We get reaction from Jeanne Walters of Emirates NBD about the economic significance of the massive solar investment going into the UAE economy. We'll also find out how Emirates Airlines are able to serve 149 meals every minute with Gustaf Oholm, SVP of Catering and Cabin Services, Emirates Airlines. Plus, Vladimir Dashkeev, Assistant Professor, Department of Economics, Seattle University talks us through the Fed meeting minutes that have been released to the public - the minutes could provide insight into the on going debates around internet rates this year. And, as the historic Pepsi factory in Al Quoz is sold for nearly quarter of a billion dirhams, we ask Andrew Love of Knight Frank: what does "Industrial Estate 2.0" look like in Dubai? Finally, we'll ask John Lyons of Espace Real Estate how the property market is shaping up so far this year, compared to last year's very active start.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

30m
Feb 22, 2024
Which chemical empire has just bought a stake in Manchester United?

21 Feb 2024. The Bank of England says it’s too early to cut rates – despite a UK recession and a grilling from politicians, calling for aggressive rate CUTS to fight the UK recession. Jeanne Walters, senior economist, Emirates NBD tells us about the outlook for UK rates – and the pound. We also speak to  the billionaire family behind the Ineos chemical empire and Manchester United – that now wants to sell you an SUV. George Ratcliffe, Commercial Director, INEOS Automotive – son of founder, Sir Jim – tells us more. Plus, we hear from aviation expert Geoff Thomas live from Singapore, on that surprising ‘no planes’ decision by Boeing. And, we talk the finance of food with Dubai's potato chip king - Ananya Narayan, CEO of Hunter Foods. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

31m
Feb 21, 2024
Dubai Metro sets new passenger records.

20 Feb 2024. Jeanne Walters of Emirates NBD gives us the latest on Germany’s central bank warning that the economy will shrink this quarter - sending Europe's top economy into recession. The number of passengers on public transport in Dubai hit 702 million riders in 2023, that's a 13 per cent increase when compared to the ridership numbers in 2022, which was 621.4 million. Roger Cruickshank, Senior Director, Transport – MEA, AtkinsRéalis joins us to explain their ideas for building a “20 minute city”. Plus, as OpenAI’s new text-to-video tool, Sora, sets the internet alight - we find why with Radio Free Mobile CEO, Richard Windsor. And finally, as Gulfood continues to bring in the crowds, we'll find out about the future of the food industry - with the newly appointed Director of the Italian Trade Agency.  See omnystudio.com/listener https://omnystudio.com/listener for privacy information.

33m
Feb 20, 2024